ESG Finance
NYK issued the shipping industry’s first green bonds in 2018 and Japan's first transition bonds in 2021. The company has made pioneering efforts in ESG finance.
NYK will continue to promote ESG finance to support business sustainability. The company aims to have its growth strategy based on ESG management.
Latest framework
List of ESG financing
Bonds
Green Bonds
| Name | Issue Date | Maturity | Coupon Rate | Issue Amount | Documents |
|---|---|---|---|---|---|
| NYK Unsecured Corporate Bonds No. 48 | April 17, 2024 | 10 years | 1.175% per annum | 10 billion yen |
Detailed Information[PDF:254KB] List of Investors[PDF:220KB] |
| NYK Unsecured Corporate Bonds No. 40 | May 24, 2018 | 5 years | 0.290% per annum | 10 billion yen |
Detailed information[PDF:329KB] List of Investors[PDF:210KB] |
Transition Bonds
| Name | Issue Date | Maturity | Coupon Rate | Issue Amount | Documents |
|---|---|---|---|---|---|
| NYK Unsecured Corporate Bonds No. 47 | April 17, 2024 | 5 years | 0.722% per annum | 15 billion yen |
Detailed Information[PDF:243KB] List of Investors[PDF:228KB] |
| NYK Unsecured Corporate Bonds No. 46 | July 21, 2023 | 10 years | 0.910% per annum | 10 billion yen |
Detailed Information[PDF:307KB] List of Investors[PDF:245KB] |
| NYK Unsecured Corporate Bonds No. 45 | 5 years | 0.439% per annum | 10 billion yen | ||
| NYK Unsecured Corporate Bonds No. 44 | July 29, 2021 | 7 years | 0.38% per annum | 10 billion yen |
Detailed Information[PDF:316KB] List of Investors[PDF:252KB] |
| NYK Unsecured Corporate Bonds No. 43 | 5 years | 0.26% per annum | 10 billion yen |
Loans
Transition Loan
| Name | Agreement Date | Total Amount | Document |
|---|---|---|---|
| Transition Syndicated Loan | January 26, 2024 | USD 300 million | Detailed Information[PDF:269KB] |
Sustainability Linked Loans
| Name | Agreement Date | Total Amount | SPT | Documents |
|---|---|---|---|---|
| Sustainability Linked Loan from Sumitomo Mitsui Banking Corporation | March 31, 2021 | USD 600 million | Maintain high CDP* Climate Change score | Detailed Information[PDF:205KB] |
| Sustainability Linked Loan from THE SHIGA BANK,LTD. | February 5, 2021 | USD 50 million | Obtain a high CDP* Climate Change score | Detailed Information[PDF:217KB] |
| Syndicated Sustainability Linked Loan | November 29, 2019 | 50 billion yen | Maintain a high CDP* Borrower's Disclosure score for climate change | Detailed Information[PDF:231KB] |
- *CDP (formerly Carbon Disclosure Project)
An international non-profit that drives companies and governments to address environmental issues such as climate change. Since 2003, CDP has been sending out questionnaires every year to major companies around the world to collect corporate environmental information, such as carbon emission amount and actions for climate change, to assess management risk related to climate change. CDP then uses a standardized methodology to give each company a score.
Green Loans
| Name | Agreement Date | Total Amount | Documents |
|---|---|---|---|
| Green Syndicated Loan | March 20, 2019 | JPY 9 billion | Detailed Information[PDF:294KB] |
| Loan from Taiyo Insurance Company | December 27, 2018 | JPY 2 billion | Detailed Information[PDF:208KB] |